ProPetro Holding Corp (NYSE: PUMP) kicked off on Friday, down -3.25% from the previous trading day, before settling in for the closing price of $8.01. Over the past 52 weeks, PUMP has traded in a range of $6.74-$11.37.
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A company in the Energy sector has jumped its sales by 8.67% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded -78.95%. With a float of $79.98 million, this company’s outstanding shares have now reached $109.48 million.
In an organization with 2070 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 13.09%, operating margin of 5.27%, and the pretax margin is 3.69%.
ProPetro Holding Corp (PUMP) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas Equipment & Services Industry. The insider ownership of ProPetro Holding Corp is 23.21%, while institutional ownership is 85.00%. The most recent insider transaction that took place on Aug 26 ’24, was worth 41,300. In this transaction Director of this company sold 5,000 shares at a rate of $8.26, taking the stock ownership to the 34,006 shares. Before that another transaction happened on Aug 26 ’24, when Company’s Director proposed sale 5,000 for $8.26, making the entire transaction worth $41,275.
ProPetro Holding Corp (PUMP) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.31 earnings per share (EPS), higher than consensus estimate (set at 0.29) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.01 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -78.95% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -10.90% during the next five years compared to -17.68% drop over the previous five years of trading.
ProPetro Holding Corp (NYSE: PUMP) Trading Performance Indicators
Take a look at ProPetro Holding Corp’s (PUMP) current performance indicators. Last quarter, stock had a quick ratio of 1.04. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.53. Likewise, its price to free cash flow for the trailing twelve months is 5.43.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.30, a number that is poised to hit 0.02 in the next quarter and is forecasted to reach 0.22 in one year’s time.
Technical Analysis of ProPetro Holding Corp (PUMP)
Let’s dig in a bit further. During the last 5-days, its volume was 0.92 million. That was inferior than the volume of 1.46 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 26.56%. Additionally, its Average True Range was 0.32.
During the past 100 days, ProPetro Holding Corp’s (PUMP) raw stochastic average was set at 32.58%, which indicates a significant increase from 18.78% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.64% in the past 14 days, which was lower than the 44.85% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.97, while its 200-day Moving Average is $8.29. However, in the short run, ProPetro Holding Corp’s stock first resistance to watch stands at $7.88. Second resistance stands at $8.00. The third major resistance level sits at $8.07. If the price goes on to break the first support level at $7.69, it is likely to go to the next support level at $7.62. Assuming the price breaks the second support level, the third support level stands at $7.50.
ProPetro Holding Corp (NYSE: PUMP) Key Stats
The company with the Market Capitalisation of 807.24 million has total of 107,600K Shares Outstanding. Its annual sales at the moment are 1,630 M in contrast with the sum of 85,630 K annual income. Company’s last quarter sales were recorded 357,020 K and last quarter income was -3,660 K.
